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Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital

EntrackrEntrackr · 4m ago
Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital
Medial

Circle raises Rs 3.4 Cr in pre-seed round led by Titan Capital Circle has raised Rs 3.4 crore in a pre-seed round led by Titan Capital. Raveen Sastry, co-founder of Myntra, also participated. The proceeds will be used to strengthen Circle’s AI stack, including guided pricing, automated condition grading, and catalog matching. Circle will focus on electronics and household categories, expand its presence in Bengaluru, and enter new cities by 2026. Founded in 2025 by Ankit Misra and Chirag Kataruka, Circle runs a full-stack model that uses AI to verify product listings, handles doorstep logistics, and manages secure payments. The goal is to remove uncertainty, scams, and coordination issues that commonly occur in C2C transactions. Sellers can list items quickly, get pricing support, and receive payouts once the product is picked up and verified. Since its soft launch in August 2025, Circle has onboarded more than 17,000 users in Bengaluru. The platform is seeing strong demand in electronics, furniture, appliances, and home goods. As per market research, India’s pre-owned goods market is valued at Rs 1.6 lakh crore, but the experience remains fragmented because of fake listings, incomplete product information, and lack of buyer and seller protection. More than 70 million Indians transact used goods every month, yet the overall experience is not at par with primary e-commerce platforms.

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Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round

EntrackrEntrackr · 1y ago
Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round
Medial

Bubble tea brand Boba Bhai, a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 30 crore (around $3.4 Mn) in its Series A round led by 8i Ventures. The round also saw participation from existing backers, including Titan Capital Winners Fund, Global Growth Capital, and DEVC among others. Earlier, the startup raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The proceeds will be used to expand to new cities, scale operations, and introduce innovative menu offerings. Founded by Dhruv Kohli, Boba Bhai currently has 42 outlets in nine cities and plans to open over 150 stores by the end of the year. Approximately 70% of orders are generated through its website and platforms like Zomato, Swiggy, and ONDC.

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments

EntrackrEntrackr · 1m ago
HomeRun raises Rs 60 Cr in Series A led by Sorin Investments
Medial

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments HomeRun, an on-demand platform for construction and interior materials, has raised Rs 60 crore (around $6.6 million) in a Series A funding round led by Sorin Investments, which invested Rs 40 crore. The remaining capital came primarily from Titan Capital Winners Fund, along with participation from Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings. The round comes just three months after the Bengaluru-based startup raised Rs 9 crore in a seed funding round co-led by Titan Capital and Sparrow Capital in November last year. The fresh proceeds will be used to expand product categories, strengthen sourcing and supply-chain capabilities, scale dark-store infrastructure, invest in fulfillment technology, and enter new cities. Founded in 2024 by Pukhraj Grewal, HomeRun operates a quick commerce platform focused on construction and home-improvement materials. It delivers products such as cement, plywood, electricals, plumbing supplies, hardware, adhesives, and finishing materials within 60–90 minutes through a hyperlocal dark-store network. HomeRun serves homeowners and contractors, addressing supply disruptions, pricing opacity, and delays in procurement. It competes with traditional retailers and the likes of IBO and Material Depot.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 7m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

QSR chain Boba Bhai raises $4.3 Mn

EntrackrEntrackr · 9d ago
QSR chain Boba Bhai raises $4.3 Mn
Medial

Quick service restaurant (QSR) chain Boba Bhai has secured $4.3 million (approx. Rs 40 crore) in a funding round from its existing investors 8i Ventures, Titan Capital, Winners Fund, and Global Growth Capital, along with participation from Big Capital and other angel investors. The Bengaluru-based startup had earlier raised Rs 30 crore (around $3.4 million) in its Series A round led by 8i Ventures in January last year and Rs 12.5 crore in a seed funding round led by Titan Capital and Global Growth Capital UK. The proceeds will be deployed to accelerate store expansion, strengthen leadership, and launch new products, Boba Bhai said in a press release. Launched in 2023 by Dhruv Kohli, Boba Bhai specializes in Korean-inspired fusion cuisine and bubble tea. The company operates multiple outlets and cloud kitchens and aims to scale to 300 stores by 2026, offering items like gochujang burgers, K-pop-inspired dishes, and packaged beverages. Boba Bhai offers more than 45 bubble tea flavors, Korean-style burgers, Korean fried chicken, rice/noodle bowls, and fries. It operates with a mix of offline stores and high-volume delivery through Swiggy, Zomato, and Blinkit. The brand said it is growing by about 40–50% month-on-month on quick commerce and intends to be present on all platforms while entering more cities. It aims to cross Rs 100 crore ARR in the next two months. According to Boba Bhai, it reported revenue of Rs 5 crore in FY24, which increased to Rs 30 crore in FY25. The brand claims to currently have 90 outlets across the country, with about 55 outlets offering seating options and the rest acting as delivery hubs.

Titan Capital Winners Fund raises target corpus of Rs 200 Cr

EntrackrEntrackr · 1y ago
Titan Capital Winners Fund raises target corpus of Rs 200 Cr
Medial

Titan Capital Winners Fund, which is backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has raised its target corpus of Rs 200 crore as the duo will anchor this fund as its largest investors. The fund will invest exclusively in follow-on rounds of breakout companies from its seed portfolio. “With the Titan Capital Winners Fund, we can more significantly support the founders of our portfolio companies in subsequent rounds of capital raises, further strengthening Titan Capital’s partnership with them,” Bahl and Bansal said in a joint press release. The Titan Capital Winners Fund focuses on tech-enabled businesses led by founders and management teams building category creators. The fundraise was completed in less than six months and the fund’s LPs include prominent family offices, CEOs and founders of leading companies, and key figures from the VC landscape. Titan Capital said that a select number of LPs are expected to be added via the optional greenshoe. In addition to Bahl and Bansal, the Winners Fund is managed by a team including Chetan Rana, who is serving as the chief financial officer (CFO). Titan Capital has backed more than 250 companies since 2011. Some of its seed investment portfolio includes Urban Company, MamaEarth, OfBusiness, Razorpay, Unicommerce, and Ola Cabs. Through the fund, Bahl and Bansal also made hefty exits from Urban Company, MamaEarth, Ola and Credgenics. For context, they had invested Rs 57 lakh total in Urban Company’s early funding rounds and recently took complete exit with Rs 111 crore. In Ola, their original investment was to the tune of $60,000 while the SoftBank-backed company reached its peak valuation of $7.3 billion in 2021 when they exited fully. E-commerce SaaS platform Unicommerce, which also comes under the umbrella of Snapdeal owner AceVector, went public. It was one of the profitable startups to get listed on the stock exchange.

Factory outlet marketplace For Real raises pre-seed round from Titan Capital

EntrackrEntrackr · 1m ago
Factory outlet marketplace For Real raises pre-seed round from Titan Capital
Medial

Factory outlet marketplace For Real raises pre-seed round from Titan Capital Delhi-based online factory outlet marketplace For Real has raised Rs 3.2 crore in a pre-seed funding round from Titan Capital. The proceeds will be used to build its technology platform, onboard more brands, and drive early user adoption. Founded by Anurag Sheth and Mohit Sheth, For Real is building an online factory outlet marketplace focused on branded excess inventory. The platform is designed as a separate channel for liquidation, allowing brands to clear unsold stock without affecting pricing or visibility on their primary sales platforms. Unlike traditional marketplaces that mix fresh and discounted inventory, For Real is building a platform designed specifically for off-price products, where stock per style is limited and discovery needs are different. For Real is currently in the early stages of building its marketplace and plans to scale operations gradually as it expands its brand and user base. Seed-stage venture capital firm Titan Capital has backed over 250 startups to date, including Ola, Razorpay, Urban Company, OfBusiness and Giva. Last year, it had also launched a specialised investment vertical to fund startups innovating in India’s defence and strategic technology space.

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